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Friends Of The Truman Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 814483070 ✦ Washington dc, DC ✦ Designated as a 501(c)(3)

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Overview

What is Friends Of The Truman Foundation?

Friends of the Truman Foundation is a nonprofit organization situated in Washington D.C., specifically at PO Box 28083. Acting as a supporting body for the Harry S. Truman Scholarship Foundation, its primary role is to raise, manage, and disburse funds for the foundation's operations and activities. The organization is committed to upholding the mission of the Harry S. Truman Scholarship Foundation, which involves providing support for its various initiatives.

Is Friends Of The Truman Foundation legitimate?

Friends Of The Truman Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of The Truman Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $56,169

For more financial information, click here

What is the mission statement of Friends Of The Truman Foundation?

The Friends of the Truman Foundation serves as a supporting organization for the Harry S. Truman Scholarship Foundation. Its primary role is to manage and disburse funds for the operations and activities of the foundation, thereby contributing to its mission. The mission of the Harry S. Truman Scholarship Foundation remains the focus, though the specifics are not provided in the information given. The Friends of the Truman Foundation's role is instrumental in supporting the foundation's objectives, but the nature of these objectives remains undisclosed in the provided data.

Who is the CEO of Friends Of The Truman Foundation?

Terry Babcock-Lumish is the Ceo of Friends Of The Truman Foundation. The CEO's salary of Friends Of The Truman Foundation is $0 and their total compensation is $0.

What is the revenue of Friends Of The Truman Foundation?

Friends Of The Truman Foundation's revenue in 2022 was $408,087.

Who are the executives of Friends Of The Truman Foundation and what are their salaries?

The average compensation at Friends Of The Truman Foundation during 2022 was $56,169. There is 1 employee and 42 volunteers at Friends Of The Truman Foundation.


Here are 6 key members and their salaries (Friends Of The Truman Foundation's CEO's salary is $0 and their total compensation is $0):


Terry Babcock-Lumish (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Ellen Callahan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Cohen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Rich (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frederick Slabach (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Horacio Trujillo (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Friends Of The Truman Foundation?

Friends Of The Truman Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Friends Of The Truman Foundation

Friends of the Truman Foundation, as a supporting organization, plays a crucial role in upholding the operations and activities of the Harry S. Truman Scholarship Foundation. This nonprofit entity raises, manages, and disburses funds to ensure the smooth functioning and fulfillment of the foundation's mission. The organization's primary objective is to support the Harry S. Truman Scholarship Foundation in its endeavors, thereby contributing to its overall mission. By providing financial backing and administrative resources, Friends of the Truman Foundation enables the foundation to effectively award scholarships and foster the development of future leaders in various fields.

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Impact




October, 2024

Friends Of The Truman Foundation significantly enhances the effectiveness and reach of the Harry S. Truman Scholarship Foundation by raising, managing, and disbursing vital support for its operations and activities. This organization is crucial in fostering leadership and public service among emerging scholars, empowering them to pursue careers that benefit society.

By providing financial resources and operational support, Friends Of The Truman Foundation ensures that the Truman Scholarship continues to identify and nurture talented individuals dedicated to public service. The impact extends beyond immediate funding; it cultivates a network of scholars who are well-equipped to make meaningful contributions in various fields, thereby creating a ripple effect that can lead to transformative change in communities and society at large.

The ongoing commitment to excellence in leadership development through educational support strengthens democratic values and encourages active participation in civic life, making a lasting impression on future generations. Through its efforts, the organization not only sustains the mission of the Truman Foundation but also helps instill a sense of responsibility and service in the scholars it supports.




This information is meant to be a general summary of Friends Of The Truman Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$408,087 (2022)
Expenses
$185,027 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $46,892
  • Gross Receipts: $1,177,331

Assets and Liabilities:

  • Total Assets: $1,330,614
  • Total Liabilities: $0
  • Net Assets: $1,330,614

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Organization Details

Founding Year

2016

Principal Officer

Terry Babcock-Lumish

Main Address

PO BOX 28083, WASHINGTON DC, DC, 20038

NTEE Category

Code: T11 - Philanthropy

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